Japanese ICMIF member Zenkyoren (National Mutual Insurance Federation of Agricultural Cooperatives) and The Norinchukin Bank (Central Cooperative Bank for Agriculture, Forestry and Fisheries), both of which belong to the JA (Japan Agricultural Cooperatives) Group, have announced that they have invested JPY 10 billion (USD 95 million) each i.e. JPY 20 billion (USD 190 million) in […]
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ICMIF Supporting Member AM Best has announced that its Insurance Market Briefing – Europe will take place as two complimentary webinars on 11 November 2020. These online sessions replace the annual in-person conference, which has been rescheduled to 16 June 2021. The webinars will feature leading AM Best rating analysts who will discuss the impact […]
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Swedish ICMIF member Folksam Liv (Life) has announced this week that it will be sending out refund notices to 600,000 customers. In total, they will share close to SEK 286 million (USD 32.2 million) with its members. The refund will be paid to certain policyholders who have life cover through their membership of certain trade […]
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The Achmea Innovation Fund has announced today that it is taking a significant non-controlling interest in Land Life Company and as a result will become the largest external investor in this reforestation company. In this way, Achmea’s fund will be supporting Land Life Company’s mission to help restore two billion hectares of degraded land around […]
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Ten charitable causes from across the UK have each been selected for a £50,000 gift as part of Ecclesiastical Insurance’s Movement for Good awards. The awards, set up by specialist insurer and ICMIF member Ecclesiastical, have seen a total of £1million given to charities across the UK this summer. Five hundred charities were already awarded […]
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ICMIF member NFU Mutual (UK) has been named as the 2020 Which? Award winner for Insurance Brand of the Year this week. NFU Mutual has also been named a Which? Recommended Provider for home and car insurance for ten consecutive years and says that it owes its success to its people. Chief Executive of NFU […]
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Through Co-operators Community Funds, Canadian ICMIF member The Co-operators is reinforcing ongoing cooperative sector support by making CAD 1 million in patient capital available through its newly launched Co-op Impact Program. The focus of the Program is to support small and medium-sized cooperatives as they adapt in a shifting economic landscape in the wake of […]
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The United States mutual insurance industry remains financially strong despite the tumultuous first half of 2020 and well positioned for the future, according to the third annual market performance analysis released in September by ICMIF member the National Association of Mutual Insurance Companies (NAMIC, USA) and Aon, a global professional services firm providing a broad […]
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Argentinian ICMIF member RÃo Uruguay Seguros (RUS) has launched an initiative that seeks, through training, to achieve the greater financial and social inclusion by providing long-term job opportunities. In addition, the company seeks to generate new products and insurance cover that specifically meet the needs of LGBTIQ people. Reaching a comprehensively more sustainable community is […]
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UK ICMIF member NFU Mutual has announced that Group Chief Executive Lindsay Sinclair will retire at the end of March 2021 after more than 12 years in the role. Lindsay will be succeeded by current Sales and Agency Director, Nick Turner. Subject to regulatory approval, Nick will take up the position of NFU Mutual Group Chief […]
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